Axis Bank Grants 9.1 Million Employee Stock Options

Axis Bank's Nomination and Remuneration Committee approved grant of 6.83 million stock options and 2.27 million stock units to eligible employees on April 25, 2026.
Stock options were priced at ₹1,365.90 per option based on NSE closing price, while stock units were granted at face value of ₹2 per unit.
Both grants follow SEBI Share Based Employee Benefits Regulations and feature identical three-year vesting schedules: 30% after year 1, 30% after year 2, and 40% after year 3.
The grants will potentially dilute equity by 9.1 million shares if fully exercised, representing a standard employee compensation practice disclosed under SEBI Regulation 30.